Form 26QB: Property TDS for Buyers in Coimbatore

Buyers of immovable property above the threshold must deduct TDS, deposit it through Form 26QB on the income tax portal, and issue Form 16B to the seller before sub-registrar registration.

Step-by-step

• Verify seller PAN and property value
• Deduct 1% TDS (or rate as notified) on consideration
• File Form 26QB and pay challan online
• Download Form 16B for the seller

See 194-IA property TDS guide, stamp duty guide, and TDS filing.

Need professional help in Coimbatore? Future Tax offers GST, income tax, audit, and company registration. Call +91 94454 38387.